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A Sum-Of-The-Parts Valuation Leads Barclays To View Valero As Inexpensive
Wednesday, July 27, 2016 - 1:43pm | 315Close on heels of the release of Valero Energy Corporation (NYSE: VLO)'s quarterly results, Barclays said the results will have a positive impact in the near term. Notwithstanding the potential upside, the firm believes the shares are inexpensive based on its sum-of-the-parts analysis and price/...
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Argus Reaffirms Anadarko On Focus List, Highlights 'Accelerating Cost Cuts'
Tuesday, May 24, 2016 - 9:37am | 465Argus has reaffirmed its Buy rating on Anadarko Petroleum Corporation (NYSE: APC) on recent recovery in crude oil prices and accelerating cost cuts. Analyst Justification Anadarko, which is on Argus' "Focus List," gets major share of earnings from its U.S. onshore business — Wattenberg and...
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Low Oil Prices Pave The Way For Investment Opportunities
Wednesday, February 10, 2016 - 9:48am | 386This week, oil prices made their way below $28 per barrel, and some analysts began to warn that the record lows weren't at rock bottom just yet, according to the Wall Street Journal. Oil's continuing weakness has hammered energy firms over the past year, and judging by the first month of 2016,...
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Marathon Petroleum Tumbles To New 52-Week Low Following Q4 Print
Wednesday, February 3, 2016 - 11:26am | 300Shares of Marathon Petroleum Corp (NYSE: MPC) lost more than 5 percent Wednesday morning and hit a new 52-week low of $37.82 after the company reported its fourth quarter results. Marathon Petroleum said that it earned $0.79 per share in the fourth quarter on revenue $15.68 billion. Wall Street...
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Morningstar Analyst On Potential Repsol-Talisman Buyout: 'I Don't Know If Talisman Is A Perfect Fit For The Company'
Monday, December 15, 2014 - 4:21pm | 195Morningstar Analyst David Wheats told Benzinga that he’s not sure Talisman Energy Inc. (NYSE: TLM) is a good fit for Repsol SA (OTC: REPYY). Earlier Monday, Talisman confirmed that it was in talks with Repsol. Meats explained that Talisman is a mixture. “It has some really...
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Morningstar Analyst On Canada Pension Plan Weighing Bid For Talisman: 'Not A Natural Fit'
Monday, December 15, 2014 - 4:07pm | 116Speaking to Benzinga about rumors that Canada Pension Plan is weighing a bid for Talisman Energy Inc. (NYSE: TLM), Morningstar Analyst David Meats said that it doesn’t look like a natural fit for CPP. He explained that Talisman has a joint venture with Sinopec Shanghai Petrochemical...
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In Praise of Small Cap Oil
Thursday, January 30, 2014 - 4:04pm | 505While many articles on this site have endorsed the virtues of investing in major oil companies, such as Chevron (NYSE: CVX), Exxon Mobil (NYSE: XOM) and Royal Dutch Shell (NYSE: RDS-A), a recent piece in The Wall Street Journal by Daniel Gilbert and Justin Scheck revealed why small cap firms such...
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Some of 2013's Best Performing Stocks Look Good for 2014
Tuesday, January 21, 2014 - 4:25pm | 641We're charging ahead in the new year -- but let's not forget how the down European market and political uncertainty in the United States caused a considerable amount of hesitancy, if not downright fear, on Wall Street in 2013. Performance was erratic for much of last year, with the market...
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Will Range Resources Return to Earth in 2014?
Friday, December 27, 2013 - 5:31pm | 421Range Resources Corp. (NYSE: RRC) is an independent oil and gas company that is trading at valuations far above those for others in the sector, such as Anadarko Petroleum (NYSE: APC) and Chesapeake Energy (NYSE: CHK). For investors looking to short a stock, Range Resources Corp. certainly looks...
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3 Reasons India will Increase the Price of Gold and Oil
Friday, November 29, 2013 - 1:38pm | 654Gold's exchange traded fund, SPDR Gold Shares (NYSE: GLD), and its oil counterpart, United States Oil (NYSE: USO), should have an inverse trading relationship with each other. When the price of oil is down, gold should rise. That shift generally means economies are weak, so there is less demand...
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3 Reasons to Buy Oil Stocks, Even as the Price of Crude Falls
Wednesday, November 27, 2013 - 5:10pm | 453Due in part to the recent nuclear weapons agreement with Iran, the price of crude oil has fallen. That has pushed the price of major oil companies such as ConocoPhillips (NYSE: COP), Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY) lower in response. There are three main reasons why...
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The Natural Gas Outlook, Both Long- and Short-Term, is Bullish
Wednesday, November 13, 2013 - 4:54pm | 434Due to colder-than-normal weather in the United States, the exchange traded fund for natural gas, United States Natural Gas (NYSE: UNG), is up more than 4.5 percent for the last week of trading. And looking ahead in terms of decades, the International Energy Agency's "World Energy Outlook"...
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Latest Derailment Draws New Attention to Amount of Oil Now Transported by Train
Monday, November 11, 2013 - 5:08pm | 460Another major accident involving a train carrying crude oil from North Dakota is drawing attention to the vulnerabilities of transporting oil by rail. Officials are still trying to determine what caused a 90-car train, reportedly carrying 2.7 million gallons of crude oil, to derail and explode...
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Profit from the Best of Both Worlds with Chevron
Tuesday, November 5, 2013 - 5:25pm | 575In previous articles on this site, it was detailed how studies have shown that stocks with low betas and high dividends can turn out to be the most rewarding long term investments. Finding both features in one company that is also a "Dividend Aristocrat" makes for a very attractive equity. With...
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New Milestones for Alternative Fuel Autos
Tuesday, November 5, 2013 - 5:21pm | 667More signs the international automotive industry is investing heavily in the future of alternative vehicles. On Tuesday, Mitsubishi Motors (OTC: MMTOF) and the Renault-Nissan Alliance announced plans to share “products, technologies and manufacturing capacity among the automakers.” And...